Fareva Richmond, Inc.benefits

Fareva Richmond, Inc.'s benefits plans covered 446 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $151,022 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $339 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.9% from $146,718 in 2023.